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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: pass pass who wrote (48205)5/16/2003 12:14:01 PM
From: DanZ  Read Replies (2) of 53068
 
pass, The easiest way to short the Nasdaq is to short the QQQ. I believe that you can even short it on downticks, legally that is. You can short the DJIA with DIA. Be careful, and good luck.

Kelvin, I am tempted to short FLEX here in the 9.70s for a short term trade, but it's doing well in a down market today. Think that I'll pass (no pun intended to pass pass) for now and visit the stock next week. Best guess is that it will test the upper resistance near 10. One of these days the stock will break out of its trading range. Will this be the time?

Dan
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